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Ramalingam Kalirajan |1249 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 18, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Question by yashpal on Oct 06, 2023Hindi

Money

GOOD MORNING. HOW DO YOU SEE INVESTMENT IN DSP TAX SAVER FUND AND MIRAE TAX SAVER FUND.

Ans: Investing in tax saver funds like DSP and Mirae offers potential tax benefits under Section 80C while aiming for long-term growth. Both funds typically invest in equity-linked instruments with a lock-in period. Assess their performance, risk profile, and alignment with your financial goals before investing.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Question by SURESH - Mar 10, 2023Hindi

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SIR, I AM SR CITIZEN SALARY PERSON , I WANT TO INVEST IN TAX SAVER FUND OR FDR UPTORS.150000/- SUGGEST ME

Ans: There are special bank FDs for 5 years which are called as tax saving FDs. They have same characteristics as any other 5 year FDs but are locked in for 5 years. Tax Saver Funds are the ELSS (Equity Linked Saving Funds) Mutual Funds which invest 100% in equity, are locked in for 3 years and will give market linked returns, which in general have been higher than bank FDs. ELSS are also tax efficient. You need to decide how much volatility are you prepared to take and then invest accordingly.

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Question by Laximan - Jun 02, 2023Hindi

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Hi, I am LY, currently i have invested in DSP tax saver fund- regular plan growth-50k, ICICI prudential flexi cap fund growth-5k monthly, Bandhan flexicap fund growth regular plan-2500 montly,Mahindra manulife large and midcap fund regular growth-3k monthly,FNGP- uti floater fund regular plan-1500 monthly,MCGP-UTI mid cap fund regular plan 3500 montly. My current value of investments is 6.50 lac & i want to start more 10k monthly. Please advise whether above investments are ok & to start with 10k monthly in which MF i should start?

Ans: I have no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down. Hence, it is not possible for me to review your complete portfolio and suggest you to invest the additional SIP amount.

However please note that mutual funds work the best when you’re in it for a long term. Typically, investors change their investing horizon as per the market conditions – if markets remain good, they’re long-term players, if markets turn down, they start exiting in panic and become short term players. Please remember that markets will always give great returns only if you ‘spend time in the markets, rather than try timing the market’.

So, I’m just giving you a high-equity portfolio which is a long term portfolio but needs to be reviewed and maybe rebalanced every year. The general portfolio construction that I would suggest is:-
1. Large Cap / Index Fund – 40% of SIP amount
2. Flexicap Fund – 20%
3. Large & Midcap Fund – 20%
4. Asset Allocator Fund – 20%

In the above portfolio, the risk has been avoided. If you want more risk, then you may add mid and/or small cap funds to the extent of your risk by reducing the Large cap Fund and maybe replacing the Asset Allocator fund.

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Question by Rajkumar - Aug 18, 2023Hindi

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I AM HAVING PORTFOLIO OF NIPPON INDIA TAX SAVER IDCW REGULAR9000 HDFC TOP 100 IDCW 3000 AND HDFC TAX SAVER 3000 PER MONTH PL REVIEW MY PORTFOLIO

Ans: Tax saver funds are the schemes that helps investor save tax under Section 80C of the Income Tax Act, 1961, but have a lock-in period of 3 years. Hence, you can reduce your contributions to tax savings fund to the extent you need the deduction. It is also suggested to change the option from IDCW to Growth from a taxation standpoint. You can continue to invest in HDFC TOP 100 Fund and it is also suggested to change the option from IDCW to Growth module. Further, you can evaluate adding a midcap fund if you have the risk appetite.

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Ramalingam Kalirajan |1249 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 10, 2024

Asked by Anonymous - Dec 27, 2023Hindi

Money

Sir, I just started to invest in MF, Union flexicap fund, White oak capital elss tax saver find, Mirae asset tax saver fund, PGIM india flexi cap fund, (30k per month) TATA arbitrage fùnd, please suggest these investments are give good returns in future.

Ans: Your selection of diversified mutual funds covering various market segments is prudent. To ensure potential future returns, regularly monitor each fund's performance, expense ratios, and portfolio composition. Assess fund managers' strategies and historical performance relative to benchmarks and peers. Ensure your investments align with your risk tolerance and financial goals. Consider consulting a financial advisor to optimize your portfolio and navigate market uncertainties effectively. Regularly review and rebalance your investments to maintain diversification and mitigate risk.

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Question by Ashutosh - Feb 05, 2024Hindi

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I am Ashutosh 48 yrs old ex-serviceman banker.monthly income 1.30 lakh currently .afte 12 yrs For retirement plan I am investing in mutual funds as sip all growth direct as follows. SBI small cap 2000 Sbi mid large cap 2000 Sbi focus 2000 SBI contra 2000 Sbi technology opportunities 2000 Sbi nifty index 3000 Axis Blue chip 2000 Axis ELSS tax saver.2000 Axis Growth Ppportunities 2000 Nippon India mid cap 150 index 3000 Nippon India small cap 250 index 3000 Parag parikh flexi cap 4000 How are my investment. I am aggressive invester.

Ans: Your investment portfolio appears to be well-diversified across different categories, including small-cap, mid-large cap, index funds, ELSS, and flexi-cap funds. As an aggressive investor, this allocation aligns with your risk appetite.

However, it's essential to periodically review the performance of each fund and ensure they continue to align with your investment goals and risk tolerance. Consider rebalancing your portfolio if needed to maintain optimal diversification and adjust your strategy as per market conditions and your evolving financial objectives.

Additionally, stay updated with any changes in the market environment and economic conditions that may affect your investments. Consulting with a financial advisor can provide valuable insights and help you make informed decisions about optimizing your investment portfolio for better returns and risk management.

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Asked by Anonymous - Apr 29, 2024Hindi

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Please help me, I am 20 years old. I pass out class 12th from Maharashtra board in 2022, I have been preparing for NEET exam from class 11th, 2 years I studied in Aakash Institute gave NEET after class 12th, my first attempt 289/720 (2022). After that I decided to take one year drop, so I went Kota studied in Allen Institute for one year, My father took a loan of 5 lakhs for me, but again I failed in second attempt 362/720(2023), came back home, enrolled in a private university for bsc biotech and along with it I again start preparing, now only 6 days left for exam & i have not touch my book since last 1 month, I studied hard for few months after second failure but then I quit studying I waste my time into relationship,porn, overthinking, masturbation etc. Now what I should do I know I will fail again in my third attempt but what I will do after that? Should I start prepare for UPSC? Should I do BBA ? Im totally confused about my future! ease someone help me should I take regular admission into some university? Should I do BA? Im totally fucked up, I have even tried to end my life so many times, I have even ran away to haridwar when I was in Kota ..but things dont happen according to me i always failed in anything I do...My friend now are in their third year they will complete their undergraduation & im here whining about my life.. even my parents have started to hate me..leave relatives...please guide me my mental health has been derailed by these exams...please help me ???? i dont jave even friends to whom i share my pain and from whom i should get guidance

Ans: Hello,
first of all, you need to calm down & settle down your negative thought process. At least you are clear & honest enough to admit your mistakes. That's the first step towards success.

Decide your goal & make a road map to achieve it. Follow it diligently & avoid distractions that come along the journey. If you are unable to control your negative thoughts seek professional counseling. All the best.

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Question by shaleen - Apr 20, 2024Hindi

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I want to earn online .any site which can help me earn extra beside full time job . Current working in axis bank

Ans: The best way to legitimately earn online, is to open a Demat account and invest in shares.

The markets are buoyant take baby steps slowly and steadily you will learn the business and add an additional source of income.
Alternative sell insurance online.

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Question by Alok - Apr 20, 2024Hindi

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Hi I am 42 years old. I have 12 years experience in Broaking insurance. From 2020 septmeber i resigned from my Job and i have done 1 and half year in a company . Since, January 22 i am working self. Now i want to join any company either health or life...kindly suggest. My location is Indore(MP)

Ans: The insurance sector is always looking for competent and experienced people like you!

I advice you to go directly to the websites of these companies.
There go to careers /jobs see which matches your profile and apply.

All the best!

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Asked by Anonymous - Apr 29, 2024Hindi

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I am currently in 12th grade studying in the US, and I would like to pursue medicine and become a doctor. I am not a citizen of US, was born in India. However, medical schools are very expensive in the US. Would it be wise to go to India and complete my MBBS and then come back to the US. How would coming back to the US process be like? And how many extra years will it take once in the US to get my degree verified and start practicing? Would you also have some information about financial aids given to international students in US medical schools- do they get aid/ merit scholarship?

Ans: Hi,
As per the press release dated 20 Sept 2023 of the Indian Ministry of Health and Family Welfare, India’s National Medical Commission has received ‘recognition’ status from the World Federation for Medical Education (WFME) for 10 years. This means that all 706 of India’s existing medical colleges are now WFME-accredited, enabling graduates to practice medicine in several foreign countries, including the United States, Canada, Australia and New Zealand.

https://pib.gov.in/PressReleasePage.aspx?PRID=1959140

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Asked by Anonymous - Apr 20, 2024Hindi

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Sir, I am 27 years old, Single. Its been 2 years + I am doing private 3 years project contractual job this contractual job.its going to complete in Dec 31st 2024. I gave Ctet teacher exam but i failed 3 time. But i m not focusing in State tet so, i want focus but in market lots of content and i dont have gude what shall i do. I am not happy with my current job. This job changes me alot in my caracter now, i cant sleep properly because if this job will finished what shall i do, till yet i have not creck any exam. And if i go in market i started to forgot ex:- After giving money i forgot to take back, after giving money i forgot to take things sometime. My age also gainig if want to marry so, i have earned money or save money i have to bear all expenses because my parents financially poor if I want save, same time i need to look my younger brother study expenses i need to bear and family running mantainance and also have EMI loans need to pay and also i am helping my parents to build their house with my own money my parents does not have money for my marriage. Now i have overthinking, depression, fear, feeling lossing confident, my dream job also get critical in this situation what shall i do. In office also staff try to polling down because i am getting higher salary what shall i do. For this reason just resently my health conditions because worse my pressure 139 felt vomit feel dizzy. What shall I do now Sir.

Ans: I have gone through your query and understand that you are at the Cross roads of Life.

It's at these times... When the going gets tough... The tough gets gong.
That's your strength.. A tough resilient young lady!
Kindly note you are doing an excellent job hence rewarded with better pay in your organization.. Obviously there's going to be jealousy..Be calm & Handle it with maturity.

Now I understand you are very committed selfless person. Who's contributing a lot to your family,... Wow in fact helping build your own new horse. !

In regards to your contractual job, talk to your employer, let them know, that you would have to look for another job post December 2024 if there's no clear further commitment.

In regard to your marriage at 27 you aren't too old to find a like minded partner don't rush and regret, start the process through matrimonial apps.

I see you talk about your health, especially blood pressure, well that's because you are unduly stressed.
Add tender coconut water to your diet, talk to a proper Ayurvedic doctor..!

I am sure you will get over this mid life syndrome and invite us all for your happy day!

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Question by Radhika - Apr 30, 2024Hindi

Career

Am i eligible to give neet after passing nios 12 th ondemand exam with 4 subject?

Ans: Hello Radhika,
this eligibility matter is still pending in court and the result is uncertain. There are other boards available that will make you eligible for NEET. You can contact me in person for details.

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Question by Surander - Apr 30, 2024Hindi

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Hi Sir , My daughter is MD in medicine . Can she practice in Singapore/Canada. Please suggest the procedure and will it be advantage as compare to practice in India.

Ans: Hello Surander
Foreign-trained doctors would need an employment offer with a hospital or healthcare institution in Singapore before applying for accreditation to SAB. SAB will only accredit a doctor for specialist practice based on the approved list of specialities and sub-specialities.
So the steps would be:
Secure a job with one of the many healthcare institutions in Singapore;
Register with the Singapore Medical Council (SMC); and.
You must get Accredited by the Specialists Accreditation Board (SAB) before registration if you are practising as a specialist.

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IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on May 02, 2024

Asked by Anonymous - May 01, 2024Hindi

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I am appearing for NEET first attempt this year. I am a bit nervous about the exam centre. Will there be strict checking? How can I be prepared?

Ans: Hi,
you don't need to panic.
just follow the instructions.

The candidates are instructed to follow the following dress code while appearing for NEET
(UG) - 2024:
a. Heavy clothes and/or long sleeves are not permitted. However, in case, candidates come in
cultural/ customary dress at the Examination Centre, they should report at least an hour
before the last reporting time i.e. 12.30 pm so that there is enough time for proper frisking
without any inconvenience to the candidate while maintaining the sanctity of the
examination.
b. Slippers, and sandals with low heels are permitted. Shoes are not permitted.

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Asked by Anonymous - Apr 30, 2024Hindi

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Where to do M.sc biotechnology for better placement

Ans: Hi,
Pursuing M.Sc from any NIT is a good option.

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Asked by Anonymous - Apr 30, 2024Hindi

Career

Im gonna be 22 in july , im planing for neet this year...will it worth it?

Ans: Hi,
If you really want to be a doctor and have prepared well, it will be worth it.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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